China's APT export prices trend upward, but logistics concerns cloud market

Exporters of ammonium paratungstate (APT) in China have raised their offers amid a strengthening domestic market, though concerns over logistics as a result of the approaching Chinese New Year is sapping their interest to trade.

Fastmarkets' weekly price assessment for tungsten APT 88.5% WO3 min, fob main ports China was $238-243 per metric tonne unit (mtu) on Wednesday January 20, up by $2-3 per mtu (1.1%) from $236-240 per mtu a week earlier.
Sources told Fastmarkets that domestic prices for APT had risen to around 135,000-136,000 yuan ($20,867-21,022) per tonne in the past week, compared with 133,000-135,000 yuan per tonne a week earlier.
"[The domestic] APT market is experiencing tight supply because APT refineries have their suspended operations.

"The market is confident that APT prices will continue to move up after the...

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